Common use of Smash Burger Clause in Contracts

Smash Burger. $66,640.08 of the Escrow Deposit (the “Smash Burger Escrow”) represents the scheduled rent and additional rent for a period of twelve (12) months attributable to the portion of the Property which has been leased to Shreveport Sizzle, Inc. (“Smash Burger”) as more particularly described on Exhibit 11.12 (the “Smash Burger Gross Rents”). The Smash Burger rent commencement date has occurred, but the tenant has not yet opened for business. The Smash Burger Escrow shall be disbursed as follows:

Appears in 4 contracts

Samples: Purchase and Sale Agreement, Master Lease Escrow Agreement, Purchase and Sale Agreement (Inland Diversified Real Estate Trust, Inc.)

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